Product Partnerships – 1/24/24
Pontera announces partnership with Commonwealth Financial Network; SELAX Brokerage enhances annuity transaction efficiency with Luma Financial Technologies; Ritholtz Wealth Management...
Tag: Retirement Income
Franklin Retirement Heads Aim to Double AUM
Yaqub Ahmed and Steven McKay, once competitors in the marketplace, will now seek to meet the AUM goal for Franklin's...
Peak 65 Finds Millions of Americans Unprepared, Economist Warns
The Alliance for Lifetime Income sounds the alarm bell in a new white paper, while separate research from Principal shows...
T. Rowe Price Announces Retirement Strategy Team
The investment manager and retirement recordkeeper made the announcement as it highlights retirement saving trends, including personalization and diversification.
IRI Announces 2023 Policymaker Retirement Security Awards
Senators Tina Smith and Thom Tillis were recognized for their efforts to improve retirement security of Americans, notably through the...
Americans Remain More Wary of Inflation Than Retirement Shortfall
Fears about both inflation risk and retirement income remain elevated, per annuities and insurance provider F&G.
KKR to Buy Final 37% of Annuity Provider Global Atlantic for $2.7B
Already the majority owner, KKR will take full ownership to solidify its insurance footprint and the connection to its asset...
LIMRA: Plan Advisers Will Play Key Role in Future of In-Plan Annuities
Of plan sponsors considering an in-plan annuity, 79% do so through a plan consultant or adviser, according to a LIMRA...
PLANADVISER Practice Progress Series: Participants
Top plan advisers stressed the importance of working with participants beyond just the retirement plan.
Morningstar Ups Safe Starting Retirement Withdrawal Rate to 4%
Higher fixed-income yields and lower long-term inflation estimates led to Morningstar raising the starting retirement withdrawal rate from last year’s...
Transamerica, ADP Each Add In-Retirement Plan Annuity Options
With the announcement, Transamerica becomes the first recordkeeper to offer State Street’s TDF with an embedded annuity, while ADP adds...
The PLANADVISER Interview: Jose Minaya, CEO, Nuveen
The head of TIAA’s asset management arm discusses his leadership style, focus on in-plan retirement income and how the financial...
Participant Goals Show Need for Plan Design Improvements
Many participants want to save more and retire at the traditional age, which will require advisers to help with thoughtful...
Long-Term Participants Create Challenges, Opportunities
Participants are staying longer in 401(k) workplace plans. What does that mean for the future of plan advisement?
Publisher’s Note
A Shift Toward Annuities
If you won the lottery, would you take the lump sum, or the monthly payments? I’ve heard that most people...
Recordkeepers: We’re Investing to Reach Participants ‘At Scale’
Recordkeepers speaking at a LeafHouse Financial conference discussed meeting participant needs with a combination of technology and human interaction.
Inflation Is Reshaping Retirement Outlooks, MFS Reports
Meanwhile, Morgan Stanley finds investors are bearish on the market, with inflation topping the list of concerns.
The PLANADVISER Interview: Kourtney Gibson, Chief Institutional Client Officer, TIAA
The head of the firm’s retirement solutions group talks guaranteed income, the savings gap and treating consultants and advisers as...
Social Security COLA Announced as 3.2% for 2024
Monthly Social Security checks will increase about $59, a lower increase than in recent years but still larger than the...
Survey: 73% of Top Advisers Chat In-Plan Annuities With Clients
PLANADVISER’s quarterly pulse survey finds the majority of retirement plan advisers “occasionally” discuss in-plan options, but some don’t see the...